FTEC vs. GLTR
FTEC (Fidelity MSCI Information Technology Index ETF) and GLTR (abrdn Physical Precious Metals Basket Shares ETF) are both exchange-traded funds - FTEC is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index, while GLTR is a Precious Metals fund tracking the ETFS Physical Precious Metals Basket Index. Both are passively managed. Over the past 10 years, FTEC returned 24.98%/yr vs 12.08%/yr for GLTR. At a 0.12 correlation, their price movements are largely independent. FTEC charges 0.08%/yr vs 0.60%/yr for GLTR.
Performance
FTEC vs. GLTR - Performance Comparison
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Returns By Period
In the year-to-date period, FTEC achieves a 24.27% return, which is significantly higher than GLTR's -4.66% return. Over the past 10 years, FTEC has outperformed GLTR with an annualized return of 24.98%, while GLTR has yielded a comparatively lower 12.08% annualized return.
FTEC
- 1D
- 0.61%
- 1M
- 3.02%
- YTD
- 24.27%
- 6M
- 24.36%
- 1Y
- 48.62%
- 3Y*
- 30.29%
- 5Y*
- 20.63%
- 10Y*
- 24.98%
GLTR
- 1D
- 0.30%
- 1M
- -15.53%
- YTD
- -4.66%
- 6M
- 0.76%
- 1Y
- 39.78%
- 3Y*
- 29.97%
- 5Y*
- 14.04%
- 10Y*
- 12.08%
FTEC vs. GLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | 24.27% | 22.11% | 29.40% | 53.30% | -29.59% | 30.49% | 45.83% | 48.93% | -0.39% | 36.83% |
GLTR abrdn Physical Precious Metals Basket Shares ETF | -4.66% | 87.25% | 20.63% | 2.01% | -0.25% | -9.60% | 29.52% | 20.96% | -2.85% | 12.94% |
Correlation
The correlation between FTEC and GLTR is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2013 | 0.12 |
The correlation between FTEC and GLTR shifts across timeframes, from 0.12 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FTEC vs. GLTR — Risk / Return Rank
FTEC
GLTR
FTEC vs. GLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Information Technology Index ETF (FTEC) and abrdn Physical Precious Metals Basket Shares ETF (GLTR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FTEC | GLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.22 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 1.17 | +1.83 |
| Martin ratioReturn relative to average drawdown | 9.36 | 2.88 | +6.48 |
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Drawdowns
FTEC vs. GLTR - Drawdown Comparison
The maximum FTEC drawdown since its inception was -34.95%, smaller than the maximum GLTR drawdown of -55.70%. Use the drawdown chart below to compare losses from any high point for FTEC and GLTR.
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Drawdown Indicators
| FTEC | GLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.95% | -55.70% | +20.75% |
Max Drawdown (1Y)Largest decline over 1 year | -16.26% | -34.09% | +17.83% |
Max Drawdown (3Y)Largest decline over 3 years | -27.30% | -34.09% | +6.79% |
Max Drawdown (5Y)Largest decline over 5 years | -34.95% | -34.09% | -0.86% |
Max Drawdown (10Y)Largest decline over 10 years | -34.95% | -34.09% | -0.86% |
Current DrawdownCurrent decline from peak | -7.18% | -31.27% | +24.09% |
Average DrawdownAverage peak-to-trough decline | -5.57% | -28.82% | +23.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.21% | 13.86% | -8.65% |
Volatility
FTEC vs. GLTR - Volatility Comparison
Fidelity MSCI Information Technology Index ETF (FTEC) and abrdn Physical Precious Metals Basket Shares ETF (GLTR) have volatilities of 10.02% and 10.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTEC | GLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.02% | 10.43% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 18.06% | 36.24% | -18.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.07% | 38.40% | -16.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.45% | 23.87% | +1.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.81% | 20.64% | +4.17% |
FTEC vs. GLTR - Expense Ratio Comparison
FTEC has a 0.08% expense ratio, which is lower than GLTR's 0.60% expense ratio.
Dividends
FTEC vs. GLTR - Dividend Comparison
FTEC's dividend yield for the trailing twelve months is around 0.34%, while GLTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | 0.34% | 0.43% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% |
GLTR abrdn Physical Precious Metals Basket Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FTEC and GLTR have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLTR has higher volatility (10.43%) compared to FTEC (10.02%). In terms of maximum drawdown, FTEC dropped -34.95% vs GLTR's -55.70%.
On 10-year performance, FTEC leads with 24.98% vs 12.08% for GLTR. On fees, FTEC is cheaper at 0.08% per year. On volatility, FTEC has been the lower-risk option at 10.02%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, FTEC has performed better with a 24.98% return vs 12.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FTEC is cheaper with a 0.08% expense ratio, compared with 0.60% for GLTR.
FTEC has the higher dividend yield at 0.34%, compared with 0.00% for GLTR.
FTEC is categorized as Technology Equities, while GLTR is Precious Metals. FTEC tracks MSCI USA IMI Information Technology 25/50 Index, while GLTR tracks ETFS Physical Precious Metals Basket Index. They also come from different issuers: Fidelity and abrdn. Their fees differ too: 0.08% for FTEC and 0.60% for GLTR.
FTEC currently has the higher Sharpe Ratio (2.21 vs 1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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